Code of Alabama
Article 2A - Uniform Disposition of Unclaimed Property Act of 2004.
Section 35-12-83 - Filing and Handling of Claims.

(a) A person, excluding another state, claiming property paid or delivered to the Treasurer may file a claim on a form prescribed by the Treasurer and verified by the claimant.
(b) Within 120 days after a claim is filed, the Treasurer shall allow or deny the claim and give written notice of the decision to the claimant. If the claim is denied, the Treasurer shall inform the claimant of the reasons for the denial and specify what additional evidence is required before the claim will be allowed. The claimant may then file a new claim with the Treasurer or maintain an action under Section 35-12-85.
(c) Within 30 days after a claim is allowed, the property or the net proceeds of a sale of the property must be delivered or paid by the Treasurer to the claimant. When property is paid or delivered to the Treasurer under this article, the owner is not entitled to receive interest, thereafter; however, the owner is entitled to receive dividends and other increments accruing thereafter.
(d) The Treasurer is not civilly or criminally liable for any property or funds distributed pursuant to this article, provided such distribution is made in good faith.

Structure Code of Alabama

Code of Alabama

Title 35 - Property.

Chapter 12 - Lost or Unclaimed Property.

Article 2 - Uniform Disposition of Unclaimed Property Act.

Article 2A - Uniform Disposition of Unclaimed Property Act of 2004.

Section 35-12-70 - Short Title.

Section 35-12-71 - Definitions.

Section 35-12-72 - Presumption of Abandonment.

Section 35-12-73 - Exemptions.

Section 35-12-74 - Rules for Taking Custody.

Section 35-12-75 - Dormancy Charges.

Section 35-12-76 - Report of Abandoned Property.

Section 35-12-77 - Payment or Delivery of Abandoned Property.

Section 35-12-78 - Notification of Abandoned Property.

Section 35-12-79 - Custody by State; Recovery by Holder; Defense of Holder.

Section 35-12-80 - Public Sale of Abandoned Property.

Section 35-12-81 - Deposit of Funds.

Section 35-12-82 - Claim of Another State to Recover Property.

Section 35-12-83 - Filing and Handling of Claims.

Section 35-12-84 - Filing of a Claim - Intestate and Small Claims.

Section 35-12-85 - Action to Establish a Claim.

Section 35-12-86 - Election to Take Payment or Delivery.

Section 35-12-87 - Disposition of Property Having No Substantial Commercial Value.

Section 35-12-88 - Periods of Limitation.

Section 35-12-89 - Requests for Reports and Examination of Records.

Section 35-12-90 - Retention of Records.

Section 35-12-91 - Interstate Agreements.

Section 35-12-92 - Penalties and Enforcement.

Section 35-12-93 - Agreement to Locate Property.

Section 35-12-94 - Confidentiality; Staff.

Section 35-12-95 - Transitional Provisions.

Section 35-12-96 - Uniformity of Application and Construction.